Looking to balance out your exposure to MUSA? The ETFs below have historically moved differently from MUSA, which may reduce portfolio volatility when combined in a suitable allocation. The stock ideas table highlights individual companies with the same low-correlation characteristics. Correlation can change and does not guarantee that one asset will rise when another falls.
Best Diversifiers for MUSA
13 ETFs have low correlation with MUSA (below 0.3), 10 of which are negatively correlated. The least correlated is iShares Russell Top 200 ETF (IWL) (Large Cap Growth Equities) with a 1Y correlation of -0.21, down from 0.17 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Category | Compare |
|---|---|---|---|---|---|---|---|
| iShares Russell Top 200 ETF | -0.21 | 0.05 | 0.17 | 71 | Large Cap Growth Equities | MUSA vs IWL | |
| Direxion Daily Technology Bull 3X Shares | -0.20 | 0.01 | 0.11 | 52 | Leveraged Equities, Technology Equities | MUSA vs TECL | |
| Fidelity MSCI Information Technology Index ETF | -0.20 | 0.01 | 0.11 | 61 | Technology Equities | MUSA vs FTEC | |
| State Street SPDR S&P 500 ETF | -0.19 | 0.07 | 0.19 | 78 | S&P 500 | MUSA vs SPY | |
| ProShares UltraPro S&P 500 | -0.19 | 0.07 | 0.19 | 65 | Leveraged Equities, S&P 500 | MUSA vs UPRO |
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Low-Correlation Stock Ideas
The table shows companies with at least $1B in market capitalization, historical correlation data for MUSA, and a Risk / Return Rank of 50 or higher. Treat them as research candidates rather than evidence that they will offset a future decline. The least correlated is NVIDIA Corporation (NVDA) (Technology) with a 1Y correlation of -0.22, down from 0.05 over 5 years.
How candidates are selected| Symbol | Name | Correlation 1Y | Correlation 3Y | Correlation 5Y | Risk / Return Rank | Sector |
|---|---|---|---|---|---|---|
| NVIDIA Corporation | -0.22 | -0.03 | 0.05 | 61 | Technology | |
| Taiwan Semiconductor Manufacturing Company Limited | -0.22 | -0.04 | 0.03 | 88 | Technology | |
| Amphenol Corporation | -0.21 | -0.01 | 0.10 | 79 | Technology | |
| Sterling Infrastructure, Inc. | -0.19 | 0.05 | 0.14 | 85 | Industrials | |
| Alphabet Inc. Class A | -0.18 | -0.02 | 0.05 | 96 | Communication Services |
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